Last summer, I wrote an article titled, "Americans Not Prepared for Emergencies." This article sparked some interest from some of my friends and some readers. They insisted that not everybody knows how to save and suggested that I write an article about strategies. With that advice in hand, I have finally decided to tackle the "How do you save?" question.
My wife and I are not big on celebrating the Valentine's Day holiday. It all started while we were engaged. I booked a reservation and had an elaborate evening planned for our date. Sadly, I picked a restaurant that overbooks reservations on this special day. Therefore, we stood in a line waiting an hour to be seated. Yes, we waited an hour after our reservation time to get into the restaurant. That was the last Valentine's Day that we tried to celebrate on Valentine's Day!
It's hard to believe that January is already over! We had a relatively productive month in the Summit of Coin household. We prepped for our buy nothing new challenge by purchasing birthday gifts for our nieces and nephews this month. We covered January thru May. That means over the next four months, we won't be buying any gifts or anything else new!
My life is completely shaped by the fact that I grew up in a small town of less than 2,000 people and I went to a school that had one building for K-12 grade (my class was the last class to attend all years of their schooling in the same building). My life experience is different than somebody who grew up in the city and attended five different schools for K-12. I propose we change the question a little bit. What would the conversation sound like if we asked a slightly different question? This is not a question you have with a brand new acquaintance, but a discussion you have with a significant other or an accountability partner.
Over the entirety of this blog, I have continued to preach the importance of buying used cars, driving these cars until their wheels fall off and always buy cars in cash. What would push me to think about getting rid of my old car? It's simply one number:
At the beginning of this month, I was listening to a podcast (like usual). It just happened to be the Dave Ramsey Show and Dave was going on a rant about the media. He was frustrated that the media only reports the doom and gloom of the stock market crashes, but never reports positive stock market reports.This frustration stemmed from the fact that the S&P 500 earned 20% in 2017 and there was no mention of it on the nightly news. The nightly news may mention a daily gain or loss, but rarely mentions the gains over the course of a year.
Wow, what a year! We celebrated my daughter's first birthday and our 4 year anniversary in 2017. We made three trips to Nebraska to see family, most recently over the holidays. We had a great time playing cards and enjoying each other's company. We are now diving back into our busy lives.
Happy New Year! It's that time of year where people make all kinds of new year resolutions. Two months later those resolutions of working out saving money are gone. I have never been a big fan of resolutions, because I feel like everybody breaks their resolution. Therefore, I never set resolutions, but instead I set goals.
Greetings from snowy Nebraska! We are visiting my family this year for the holidays and I get to enjoy a light dusting of snow as I write some today! My wife and I always want to see a White Christmas when we visit my family. This year we were lucky enough to enjoy a White Christmas without any of the travel problems of a major snow storm.